SBI Energy’s NFO suited for aggressive investors

The new fund offer is currently open and closes on February 20. The fund will be benchmarked to the Nifty Energy TR Index and managed by Raj Gandhi and Pradeep Kesavan. The minimum investment in the fund is ₹5,000. The fund will have an exit load of 1% if units are redeemed a year before allotment.

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Dollar jumps after strong US payrolls report

The US dollar index jumped significantly following the Labor Department’s report indicating an increase of 165,000 jobs last month, which far exceeded economists’ forecasts. As